Actuarial Analyst

Munich Re; Waltham (MA); Hybrid; USD 75,000 - 107,000; Full time

Benefits offered by this job

Partially subsidized medical plan

Fully subsidized vision/dental options

Life insurance

Disability insurance

401(k)

Flexible paid time off

Parental leave and more

Job summary

ERGO NEXT in Waltham, MA is seeking an Actuarial Analyst to broaden pricing capabilities for our small business insurance products. You will build rate indications, assist in state filings, and develop dashboards to monitor historical performance, translating analyses into actionable recommendations.

The role offers a path toward ACAS/FCAS, with collaboration with product and filings teams and a benefits package including medical, vision, dental, 401(k), and generous PTO.

Qualifications

• Bachelor’s degree in actuarial science, statistics, or a quantitative discipline.
• 1+ years actuarial experience or completion of two CAS exams.
• Proficiency in Excel and SQL.
• Experience with AI tools and processes.

Responsibilities

• Build and maintain rate indication tool for pricing and actuarial reporting.
• Assist in creation of state filing materials.
• Create and refine dashboards to monitor historical performance.

Skills

Actuarial analysis

SQL

Excel

AI tools

Analytical thinking

Collaboration

R/Python (plus)

Education

BA/BS in actuarial science, statistics, or a quantitative discipline

Tools

SQL

Excel

R/Python

Job description

Location: Waltham (hybrid)

ERGO NEXT's mission is to help entrepreneurs thrive. We're doing that by building the only technology-led, full-stack provider of small business insurance in the industry, taking on the entire value chain and transforming the customer experience.

Simply put, wherever you find small businesses, you'll find ERGO NEXT.

Since 2016, we've helped hundreds of thousands of small business customers across the United States get fast, customized and affordable coverage. We're backed by industry leaders in insurance and tech, and we still have room to grow - that's where you come in.

We are looking for a motivated Actuarial Analyst to help expand the scope and speed of our actuarial pricing capabilities. In this high visibility and high impact role, you will make data-driven recommendations to guide the pricing of our insurance product suite and drive profitable growth of the company. If you're eager to be a part of an exciting industry disruptor, then this opportunity is perfect for you!

What You'll Do:

• Build and maintain rate indication tool for insurance pricing and actuarial reporting
• Assist in the creation of state filing materials
• Create and refine frameworks and dashboards to monitor, analyze, and report on historical performance
• Conduct analyses, generate insights, and translate them to strategic or tactical recommendations
• Collaborate with NEXT's insurance product management and filings teams take pricing action and drive profitable growth
• Be an integral part of the actuarial community, and promulgate best practices
• Dedication to the Casualty Actuarial Societies' accreditation exam process with a goal of obtaining your ACAS and FCAS

What We Need:

• BA/BS in actuarial science, statistics, or a quantitative discipline
• 1+ years of experience in actuarial roles/internship, or completion of a minimum of two CAS examinations (excluding UEC credit)
• Technical proficiency in MS Office (primarily Excel) and SQL
• Experience with AI tools and processes
• Strong analytical and problem-solving skills, including the ability to navigate ambiguous or strategic business challenges
• Collaborative mindset with the ability to work independently

Unstoppable Qualities:

• Familiarity with R or Python is a plus
• Background in Small Business insurance or General Liability insurance

The range displayed on this job posting reflects the minimum and maximum target for new hire base salaries for the position in the location(s) listed. Within the range, individual pay is determined by additional factors, including, without limitation, job-related skills, experience, and relevant education or training. ERGO NEXT employees are also potentially eligible for our annual performance-based incentive program, in addition to our benefits package, consisting of our partially subsidized medical plan, fully subsidized vision/dental options, life insurance, disability insurance, 401(k), flexible paid time off, parental leave and more.

• partially subsidized medical plan
• fully subsidized vision/dental options
• life insurance
• disability insurance
• 401(k)
• flexible paid time off
• parental leave and more

US annual base salary range for this full-time position:

$75,000 - $107,000